The 10-year benchmark bond yield is likely to trade between 6.65-6.75 percent today, says Bhaskar Panda, HDFC Bank.
Bhaskar Panda, HDFC Bank said, "The markets across the globe are divided on the possible US policies under the new President. Meanwhile, the dollar Index has now crossed 100 levels. Against this background, the USD-INR is expected to open around 67.70/USD and may trade within the 67.50-67.80/USD range."
He further said, "The 10-year benchmark bond yield is likely to trade between 6.65-6.75 percent today."The Great Diwali Discount!
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First Published on Nov 15, 2016 09:01 am